Completion of Acquisition

RNS Number : 6270M

Marlowe PLC

31 July 2017

 

31 July 2017

Marlowe plc

Completion of Acquisition

Further to the announcement of 28 July 2017, Marlowe plc ("Marlowe" or the "Company"), the support services group focused on acquiring and developing companies that provide critical asset maintenance services, is pleased to confirm that 2,597,402 Placing Shares and 878,031 Consideration Shares have now been admitted to trading on AIM at 8.00 a.m. today, and that the Acquisition of Ductclean UK Limited has now completed.

The Company's issued ordinary share capital now consists of 34,392,428 ordinary shares; no shares are held in treasury. The above figure of 34,392,428 may be used by Shareholders as the denominator for the calculations by which they may determine if they are required to notify their interest in, or a change to their interest in the voting rights of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

Marlowe plc
Alex Dacre, Chief Executive	Tel: [phone]
	[e-mail]
Cenkos Securities plc (Nominated Adviser and Broker)
Nicholas Wells, Elizabeth Bowman	Tel: [phone]
FTI Consulting
Nick Hasell, Alex Le May	Tel: [phone]

About Marlowe plc

Marlowe is an AIM-listed company formed to create sustainable shareholder value through the acquisition and development of businesses that provide critical asset maintenance services in the UK.  It is focused on fire protection, security systems, water treatment and air hygiene services - which are essential to its customers' operations and invariably governed by regulation, and where customers require a single specialist outsourced provider with nationwide coverage. Our customers can be found on most high streets, in office complexes and industrial estates, and include SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

 

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